Civic Intelligence

Innowest

990EZ • Fiscal year 2014 • EIN 46-3108541

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 01, 2015

764 San Aleso AveSunnyvale, CA 94085

(408) 462-2498

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

90th percentile

45%

Higher net margin than 90% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$28,974

No earlier filing loaded for comparison.

Net Assets

$28,974

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$64,200

No earlier filing loaded for comparison.

Expenses

$35,444

No earlier filing loaded for comparison.

Net Income

$28,756

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2014: $28,974Net Assets 2014: $28,9742014Assets 2015: $35,941Liabilities 2015: $676Net Assets 2015: $35,2652015Assets 2016: $17,487Net Assets 2016: $17,4872016

Highlighted filing

2014

Assets$28,974
Liabilities-
Net Assets$28,974

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $64,200Expenses 2014: $35,444Net Income 2014: $28,7562014Revenue 2015: $177,292Expenses 2015: $171,001Net Income 2015: $6,2912015Revenue 2016: $192,812Expenses 2016: $210,590Net Income 2016: -$17,7782016

Highlighted filing

2014

Revenue$64,200
Expenses$35,444
Net Income$28,756
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 1, 2015
Return Version
2014v5.0
Gross Receipts
$64,200
Mission and Program Overview

Mission

Innowest exists to deliver resources and solutions to local & international companies and entrepreneurs. These resources include workspace and business tools to ensure successful ventures for startups.

Innowest exists to deliver resources and solutions to local and international companies and entrepreneurs including workspace and business tools to ensure successful ventures for startups.

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NEJAT TEKPresident-$0--
ISMAIL H KOSESecretary-$0--
MURAT SEZGINTreasurer-$0--
FATIH SARIGOZBoard Member-$0--
IBRAHIM OKUYUCUBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Innowest
EIN
46-3108541
Phone
4084622498
Address
764 San Aleso Ave, Sunnyvale, CA 94085

Signing Officer

Name
Nejat Tek
Title
President
Phone
4084622498
Signed
2015-07-01
Discuss with paid preparer
Yes

Preparer

Firm
Farkas Accounting and Tax Advisors Inc
Address
2173 SALK AVE STE 250, CARLSBAD, CA 92008
Preparer
Andy Farkas
Phone
7602374000
Supplemental Narrative

Additional Explanations

Other

Form 990-ez, part iii, line 281. Silicon valley business tourswe execute business tours for managers, executives and entrepreneurs as well as keen individuals. We host your business travel and meetings, training, workshops and networking events. Innowest provides travel arrangements and customized itinerary.2. Bootcampsinnowest and santa clara university offer an accelerated certificate program providing access to leavey school of business for international students, entrepreneurs, and ceos. Innowest provides silicon valley professional networks to ensure these bootcamps supply meaningful connections in addition to enrichment and training.3. Free coworking and networking day (every wednesday)free coworking day on wednesdays once every two weeks.

Form 990EZ, Part I, Line 16

Business registration fees 150. Bank charges 6. Office expenses 10000. Supplies 331. Payroll taxes 1386. Meals and entertainment 156.

Form 990EZ, Part II, Line 24

Security deposits 0. 6553.

Raw XML Appendix135 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0DERVIS B ULUDAG
IRS990EZ/BooksInCareOfDetail/PhoneNum08183576948
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HUNTINGTON BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0926491154
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0218
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IRS990EZ/ContributionsGiftsGrantsEtcAmt064200
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0400
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0218
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt064200
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NEJAT TEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ISMAIL H KOSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MURAT SEZGIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3FATIH SARIGOZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4IBRAHIM OKUYUCU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06553
IRS990EZ/OtherExpensesTotalAmt012029
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Innowest exists to deliver resources and solutions to local and international companies and entrepreneurs including workspace and business tools to ensure successful ventures for startups.
IRS990EZ/PrintingPublicationsPostageAmt0699
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE SCHEDULE O
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt014365
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035444
IRS990EZ/TotalRevenueAmt064200
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.INNOWEST.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt064200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt064200
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt064200
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt064200
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt064200
IRS990ScheduleA/TotalSupportAmt064200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III, LINE 281. SILICON VALLEY BUSINESS TOURSWE EXECUTE BUSINESS TOURS FOR MANAGERS, EXECUTIVES AND ENTREPRENEURS AS WELL AS KEEN INDIVIDUALS. WE HOST YOUR BUSINESS TRAVEL AND MEETINGS, TRAINING, WORKSHOPS AND NETWORKING EVENTS. INNOWEST PROVIDES TRAVEL ARRANGEMENTS AND CUSTOMIZED ITINERARY.2. BOOTCAMPSINNOWEST AND SANTA CLARA UNIVERSITY OFFER AN ACCELERATED CERTIFICATE PROGRAM PROVIDING ACCESS TO LEAVEY SCHOOL OF BUSINESS FOR INTERNATIONAL STUDENTS, ENTREPRENEURS, AND CEOS. INNOWEST PROVIDES SILICON VALLEY PROFESSIONAL NETWORKS TO ENSURE THESE BOOTCAMPS SUPPLY MEANINGFUL CONNECTIONS IN ADDITION TO ENRICHMENT AND TRAINING.3. FREE COWORKING AND NETWORKING DAY (EVERY WEDNESDAY)FREE COWORKING DAY ON WEDNESDAYS ONCE EVERY TWO WEEKS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESS REGISTRATION FEES 150. BANK CHARGES 6. OFFICE EXPENSES 10000. SUPPLIES 331. PAYROLL TAXES 1386. MEALS AND ENTERTAINMENT 156.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECURITY DEPOSITS 0. 6553.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 24
ReturnHeader/BuildTS02016-02-25 16:41:14Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0NEJAT TEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04084622498
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-01
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ReturnHeader/Filer/EIN0463108541
ReturnHeader/Filer/PhoneNum04084622498
ReturnHeader/Filer/USAddress/AddressLine1Txt0764 San Aleso Ave
ReturnHeader/Filer/USAddress/CityNm0Sunnyvale
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094085
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02173 SALK AVE STE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CARLSBAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092008
ReturnHeader/PreparerPersonGrp/PhoneNum07602374000
ReturnHeader/PreparerPersonGrp/PreparationDt02015-07-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDY FARKAS
ReturnHeader/ReturnTs02015-07-08T17:13:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings